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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

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Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . also known as 3DS 2.0

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How Zulily Balances Friction And Security To Make eCommerce Sticky

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Mom-focused eCommerce site Zulily , which offers clothing, toys, footwear and home goods, puts a friction point at the beginning of the customer relationship that the brand believes can help with both marketing and security. That is something that can be used [in security efforts], depending on the specific issue or the resolution.”

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Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud

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The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are already being felt across the payments space. Fiat-focused digital wallets must also boost their security.

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eCommerce Fraud Presents A $12 Billion Problem

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With the coronavirus putting eCommerce front and center, it has unfortunately been joined by its cousin: online retail fraud. According to online security company Signal Sciences , eCommerce retailers deal with an average of 206,000 web attacks per month. percent of all eCommerce fraud , is still account takeover.

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Report: Fraudsters Have Modified Approaches In Wake Of eCommerce Boom

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Cybercriminals have been homing in on eCommerce retailers that are seeking to capitalize on the rise of online shopping this season, as they believe that “they will be more likely to get through unabated,” the company said. Digital fraud is a longstanding issue for retailers and banks.

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Security Demands Spur Virtual Debit Card Adoption

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Some are turning to virtual cards to keep their debit account numbers safe, providing shoppers with newly generated codes that can be restricted to work only when paying specific merchants or used just once before expiring. Firms are also prioritizing security as they transact online more heavily as well.

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B2B eCommerce Gets Civilized

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In the February 2020 B2B eCommerce Report , done in collaboration with American Express , we learn how B2B buyers and sellers are using eCommerce to bypass outdated paper-based billing and payment terms. China’s eCommerce titan Alibaba is capitalizing on that. After all, B2B eCommerce will be a $1.1 Where’s the Trust?

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